You can only open an HUF account offline at Zerodha, unlike resident individual accounts that you can open online. You must submit all documents within their
validity periods.
If any documents expire before you complete the account opening process, you need to obtain new copies.
The HUF account opening charge is ₹500. All other HUF account charges are listed in the
HUF charges guide.
To learn more, refer to
Hindu Undivided Family (HUF) FAQs.
The documents required to open a HUF account depend on the
KYC status
of the HUF.
Table of contents
KYC of the HUF is not registered
The table below shows the documents required if the KYC of the HUF is not registered:
|
Type of document
|
Requirements
|
|
Application form
|
-
Equity application form
(PDF).
Sample equity form
(PDF).
Sample CKYC form
(PDF).
-
Refer to the signature guidelines
(PDF)
to learn how to sign all the forms.
|
|
HUF Declaration and Annexure
|
|
|
PAN
|
-
A PAN card copy of the HUF with seal and signature.
-
A PAN card copy of the Karta with HUF seal and signature.
-
Self-attested PAN card copy of karta.
-
Self-attested PAN card copy of the co-parcener or member.
|
|
Address proof
|
-
Address proof of the HUF with seal and signature. The address proof can be the latest transaction copy of the HUF bank statement or passbook.
-
Address proof of the Karta with HUF seal and signature.
-
Self-attested address proof of karta. Address proof can be any of the following: Aadhaar, driving licence, voter ID or passport. If an Aadhaar is being submitted as proof, ensure a
masked Aadhaar
is submitted.
|
|
Bank account proof
|
-
A bank account proof of the HUF for linking with Zerodha. The proof can be any one of the following:
-
Cancelled cheque with the HUF name printed.
-
A bank statement or bank passbook copy with the bank account number, MICR, and IFSC code clearly visible.
|
|
Income proof
|
-
Any of the following income proof to activate the F&O and commodity segment:
-
The latest six months' bank statement or passbook of the HUF account.
-
Latest year audited profit and loss statement.
-
Latest year Income Tax Return (ITR) acknowledgement.
-
Net-worth certificate from the chartered accountant with the UDIN number specified.
-
DP holding statement of the entity.
|
|
Female Karta
|
-
Self-declaration form
(PDF)
if the Karta is female.
-
No Objection Certificate (NOC)
(PDF)
signed by the co-parceners or members if the Karta is female.
-
Undertaking by Karta and Coparceners of HUF
(PDF).
|
|
Non-individual account declaration form
|
-
The non-individual account declaration form
(PDF)
is required if Karta has a resident Zerodha account and would like to use the same contact details for the HUF account.
Sample copy
(PDF).
|
KYC of the HUF is registered
The table below shows the documents required if the KYC of the HUF is registered:
|
Type of document
|
Requirements
|
|
Application form
|
-
Equity application form
(PDF).
Sample equity form
(PDF).
Sample CKYC form
(PDF).
-
Refer to the signature guidelines
(PDF)
to learn how to sign all the forms.
|
|
HUF Declaration and Annexure
|
|
|
PAN
|
-
Self-attested PAN card copy of the co-parcener or member.
|
|
Bank account proof
|
-
A bank account proof of the HUF for linking with Zerodha. The proof can be any one of the following:
-
Cancelled cheque with the HUF name printed.
-
A bank statement or bank passbook copy with the bank account number, MICR, and IFSC code clearly visible.
|
|
Income proof
|
-
Any of the following income proof to activate the F&O and commodity segment:
-
The latest six months' bank statement or passbook of the HUF account.
-
Latest year audited profit and loss statement.
-
Latest year Income Tax Return (ITR) acknowledgement.
-
Net-worth certificate from the chartered accountant with the UDIN number specified.
-
DP holding statement of the entity.
|
|
Female Karta
|
-
Self-declaration form
(PDF)
if the Karta is female.
-
No Objection Certificate (NOC)
(PDF)
signed by the co-parceners or members if the Karta is female.
|
|
Non-individual account declaration form
|
-
The non-individual account declaration form
(PDF)
is required if Karta has a resident Zerodha account and would like to use the same contact details for the HUF account.
Sample copy
(PDF).
|
Karta is an NRI
The table below shows the additional documents required if the Karta is an NRI:
|
Type of document
|
Requirements
|
|
PAN
|
-
Self-attested copy of Karta’s PAN card.
-
Notarised copy of Karta’s PAN card.
|
|
Address proof
|
-
Self-attested copy of the overseas address proof. The address proof can be any of the following: Driving licence, foreign passport, utility bills, a bank statement, banker letter attested by the bank (on the bank's letterhead)
(PDF),
rental agreement, lease or sale deed. Mariner’s declaration or certified copy of Continuous Discharge Certificate (CDC) in case of Merchant Navy NRIs.
-
Notarised copy of the overseas address proof.
-
Self-attested copy of the Indian address proof if available.
|
|
Passport and Visa
|
-
In case of an Indian passport, a self-attested and notarised copy of a valid passport with the place of birth as India and a valid visa.
-
In case of a foreign passport, a self-attested and notarised copy of a valid passport, visa and the PIO, OCI or resident card.
|
|
Foreign Account Tax Compliance Act (FATCA) declaration
|
|
|
Foreign Exchange Management Act (FEMA) declaration
|
|
In-Person Verification (IPV)
In-Person verification (IPV) is the process of verifying that the person opening the account and the documents submitted are of the same person. As part of the mandatory IPV requirement for all brokers, Karta must complete the verification.
To complete the IPV online, visit
signup.zerodha.com/ipv.
A 4-digit OTP is generated and shown on the screen. Clients are required to
enable the camera
and show the OTP while being clearly visible.
To complete the IPV offline, the Karta must visit a Zerodha branch office or a representative of Zerodha would be required to visit the offices or residences of the client to complete the IPV procedure.
Once all documents are prepared, email soft copies of the forms to
[email protected].
The forms will undergo review for any necessary corrections. Upon completing the review process, courier the documents and a cheque of ₹500 in favour of Zerodha Broking Limited to:
Zerodha Customer Support Centre
192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 560076
Your account will be opened within 5 working days after receiving your documents. For further assistance, call 080 4680 5727 or
create a ticket.
Things to keep in mind
-
As per the CDSL guidelines
(PDF),
the nomination facility is available only for individual demat accounts. Therefore, non-individual account holders cannot add a nominee.
-
If the current Karta is opening the HUF account after the death of the previous Karta, a notarised copy of the death certificate with the HUF seal and signature must be provided.
-
Minors cannot sign the HUF form. Instead, a guardian must sign on behalf of the minor.
